Retail Sales in Russia
Russia - Retail Sales
Retail sales remain strong
In October, retail sales expanded 8.8% over the same month last year. The reading was slightly below the 9.2% expansion recorded in the previous month, which had marked the strongest result since October 2008, but the print still beat market expectations of an 8.6% rise. On a monthly basis, retail sales expended a non-seasonally adjusted 2.8% over the previous month (September: -0.4% month-on-month). Despite the moderation in annual figures, the trend continued to pick up, with annual average growth in retail sales inching up from 6.6% in September to 6.8% in October.
Russia - Retail Sales Data
|Retail Sales (annual variation in %)||-9.8||-4.8||1.2||2.8||1.6|
5 years of economic forecasts for more than 30 economic indicators.
Russia Retail Sales Chart
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.
|Bond Yield||6.23||0.13 %||Dec 30|
|Exchange Rate||62.03||-0.12 %||Dec 30|
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September 5, 2022
S&P Global Russia Services PMI Business Activity Index fell to 49.9 in August from July's 54.7.
September 2, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 51.7 in August, up from July's 50.3.
August 12, 2022
GDP contracted 4.0% year on year in the second quarter of 2022, according to a preliminary estimate released by Rosstat on 12 August.
August 10, 2022
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August 5, 2022
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